This interview explores the specifics of the US housing industry and how it both (1) helped to cause the current economic crisis and (2) was so damaged by the crisis that its crippled state now undermines efforts to escape from the crisis.
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City. Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update.
